DRAFT Board Resolution for Availing of Corporate Internet Banking (adsbygoogle = window.adsbygoogle || []).push({}); The Central Board of Direct Taxes, vide notification S.O.No.493(E) dated 13.3.2008 have notified that all the companies are required to pay the taxes electronically. In the light of the above referred notification of CBDT, Board of Directors accorded their consent to … Read more
DRAFT BOARD RESOLUTION FOR OPENING CURRENT BANK ACCOUNT If a company wants to open or close a bank account, approval of the board is required for this purpose and a certified true copy of the board resolution for opening current bank account is to be provided to the concerning bank. So … Read more
Constitution of Nomination & Remuneration Committee. (adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 178 of Companies Act, 2013 the Board of Directors of every listed company and such other class or classes of companies, as may be prescribed shall constitute the Nomination and Remuneration Committee consisting of three or more non-executive … Read more
Constitution of Audit Committee The provisions of section Section 177(1) of the Companies Act, 2013 read with Rule 6 require the constitution of audit committee by : i. all listed companies; and ii. all public companies o with a paid up capital … Read more
DRAFT BOARD RESOLUTION FOR THE APPOINTMENT OF MANAGING DIRECTOR “RESOLVED THAT pursuant to the provisions of Sections 196, 197 & 203 read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”), The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modifications or re-enactment(s) thereof for the … Read more
As per the provisions of Section 161(1) if the articles of a company permits, its Board of Directors has the power to appoint any person, other than a person who fails to get appointed as a director in a general meeting, as an additional director at any time who shall hold office up to the date of … Read more